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Consumer Report

India
The following is a consumer report of the Savings Accounts from Bank of Punjab Limited. It contains statistics of consumer complaints, consumer court data, consumer cases, customer criticisms, customer praises, consumer reviews and public interest in general about the product. This consumer report is only applicable to consumers in India.

Bank of Punjab Savings Accounts

Bank of Punjab Savings Accounts image
From Bank of Punjab Limited
In Finance > Banking > Savings_Account
Approximate Price INR .00
NA
(Not ranked)
Report Effective Date May 25, 2012
Daddy Says ''This Product is too new in our database to provide an opinion about.''
Product is below average

Consumer Satisfaction

4.54
(Below Average score out of 10.00)
Bank of Punjab offers variety of savings bank accounts such as PLS Account, Senior Citizens Saving Account, Gharayloo Saving Account, Ziada Munafa saving Account, and PLS-Saving Profit Plus Account. The minimum initial deposit will be Rs.1000. No profit is payable for basic bank account. The bank doesnt charge any fee (service charges) for maintaining such accounts. Unlimited free of charge ATM withdrawals from Banks own ATM or any other banks is allowed. There will be no minimum balance limit. Account holder will be allowed a maximum of 2 deposit transactions and 2 checking withdrawals, free of charge either through cash/through clearing per month otherwise service charges of a regular banking account shall be applicable for that month as per banks schedule of charges
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Consumer Feedback

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CSL History

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Click here to see the consumer satisfaction level of a company which quantifies the consumer confidence of a company on a scale of (lowest) 0 to 10 (highest).  Click here to see the detailed trend of consumer satisfaction levels of the company.
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Consumer Court Judgment Data*

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Cases Won (%)

Pie Chart
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Adherence to Regulationsratings
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Consumer Satisfaction Level Summaryratings
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Consumerdaddy has no affiliation with Bank of Punjab Limited, any of its competitors, any consumer complaint redressal agencies, consumer courts or consumer forums. Consumerdaddy does not endorse or disapprove the use of its products and merely supplies data regarding consumer complaints, criticisms, praises, reviews and public interest in general about this product reported to us by our website customers / visitors. Data provided in this page is provided as is, without any implicit or explicit guarantees regarding its completeness, accuracy or reliability. Usage of this page must be strictly in accordance with the  terms and conditions of the website. The words consumer and customer are used interchangeably in the industry, so consumer complaints can also be referred to as customer complaints.Consumer Report for India
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Consumer Comments

 
 
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Consumer Reviews and Complaints

 
 
Bank of Punjab Savings AccountsProduct is Worst
Click here to file similar complaint for Bank of Punjab Savings Accounts
Savings Accounts  by Bank of Punjab Limited
Complaint 10 Months ago by mohitad...CSL 4.54
I Pramod Singh of 1, Tiljala Lane Kolkata-700039, have been maintaining one S.B A/C NO-09540001 xxxxxxxx. I deposited Rs.15000/- on 01/07/2011 Vivekanand Road Branch by cash. After deposit the total balance was Rs.15522/- on that day. On same date about 2 PM my wife named Poonam Singh went to withdraw Rs.10000/- but briefly speaking the ATM Machine brought forth one voucher indicating the balance Rs.22/- only, whereas the total balance was Rs.15522/-.Hence my wife could not get any amount in spite of using the said ATM Machine in Bihar Central Bank Of India Mahatma Gandhi Road, Bihar Sarif. Under such circumstances you are hereby requested to investigate the matter and transfer the said amount into my account as early as possible. Firstly, I have given a written complain to a branch manager. I want them to immediately check and credit back the money to my account.
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Bank of Punjab Savings AccountsProduct is Excellent
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Click here to submit a review for Bank of Punjab Savings Accounts
Savings Accounts  by Bank of Punjab Limited
Rated 9.67 2 Years ago by AnonymousCSL 4.54
I have an account in this bank for over an year now. The bank, no doubt is the one of the best managed banks in country. They have been rapidly spreading its wings across the country. They have increased the customer base substantially. The bank appeals both to the old and young generation of India. However they have a long way to go. Soon they will attain the target to reach rural population. The service provided by the bank is excellent and they provide the latest advances in banking to its customers. Even it is online banking or phone banking they do not lag behind. They provide home loans and other loans at competitive prices. They have the single window facility which can be used by customers for all the financial needs.
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